Called a friend in Maesai, is the chief executive of an NGO called Child's Dream in Chiangmai. Got first hand informations for the dos and dons for a farang(foreigner) in thailand.
Firstly, visa runs are restricted to 3 times in a row only. ie after 120days and getting 3 re-entry stamp, a farang is required to leave thailand for 90 days before he/she can return again.
Secondly, it is illegal to purchase land by a farang however, it is legal to lease the land for 30years renewable and have a title deed or document from the relevant authorities. Useful when the land is being sold. You still get to stay in the property on the land.
Thirdly, if a farang wish to get a long stay in thailand through means of work permit, think again, because, the authority requires the loacl company to pay the farang approx.USD3k monthly and also have a capital of not less than 1million USD. Furthermore, the company also has to employ thais as well.
What a load of inconvenient. Think 1st and 2nd option still viable.
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Your NGO friend is right about the new VISA rules. There is however, a loophole currently in the system and this is how you beat it.
The 3 times in a row stamp is for VOA (Visa on Arrival). You could finish this and then return back to SG or Penang's Thai embassy and get a 60day (2 months) tourist visa. After the 60 days, you go to the local Maesai immigration to extend another 30 days for a fee of 1700baht. Which means 90days of your VOA limit is covered by this tourist visa. Then you could go to the border and repeat the 3 stamps and keep on repeating this.
The thai immigration is really making a lot of moola from this new ruling btw (as last time the 30 day stamps are free).
Forget about the work permit unless you want to start your own business which is another pain in the ass.... Think I will write more about it once I find the time. Good luck pal in LOS :)
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